As benefits expire, rent comes due, the school year looms and states struggle, Washington’s warring factions are racing to rescue the economy—and their political fortunes. Tom Williams/CQ-Roll Call, Inc via Getty Images, Mario Tama/Getty Images, Alex Wong/Getty Images, Doug Mills-Pool/Getty Images. Design by Forbes The coronavirus pandemic has taken an inconceivable toll on the American
Month: July 2020
getty Earlier today, the Senate passed S. 3841 by unanimous consent. The bill, which was first introduced by Senators Chuck Grassley (R-IA), Sherrod Brown (D-OH), Ron Wyden (D-OR) and Tim Scott (R-SC) in May, is titled “A bill to protect 2020 recovery rebates for individuals from assignment or garnishment, and for other purposes.” According to Sen. Grassley,
Millennials surveyed have shifted away from real estate and toward stocks as the preferred way to … [+] invest over the long-term. getty In the age of a coronvirus pandemic, it might be tempting to hide your money under a mattress and accept uncertainty about the economy, employment and finances. But, as it turns out,
Tedros Adhanom Ghebreyesus, director general of the World Health Organization (WHO), speaks during a news conference on the COVID-19 coronavirus outbreak in Geneva, Switzerland, on Monday, March 2, 2020. Stefan Wermuth | Bloomberg via Getty Images Top officials of the World Health Organization on Thursday slammed “unacceptable” comments made by U.S. Secretary of State Mike
(L-R) TNT, TBS, truTV, HBO & HBO Max Content Acquisition EVP Michael Quigley, HBO Max CCO and TNT, TBS, & truTV President Kevin Reilly and HBO Max Head of Original Content Sarah Aubrey appear onstage during the HBO Max executive session segment of the 2020 Winter Television Critics Association Press Tour at The Langham Huntington,
Jason Wilk, Dave The digital banking wars are heating up. Upstarts including Chime and Current have added hundreds of thousands of users since the coronavirus pandemic began as more Americans seek out mobile-first banking apps free from penalties like overdraft fees. To that field, enter Dave, a Los Angeles-based start-up last valued at $1.2 billion.
View from a luxury rental at West Half, overlooking Nationals Park, Washington, D.C. Pat Pugliese | CNBC WASHINGTON — When Dr. Anthony Fauci throws out the ceremonial first pitch of this truncated baseball season Thursday night, players, coaches and umpires will see it in person at Nationals Park. But no fans will be in attendance,
CNBC’s Jim Cramer on Thursday praised Tesla CEO Elon Musk for building a company that promises to be much more than just electric vehicles. “This man is selling technology, and he’s talking about fully assisted and then he’s talking about driverless. He’s thinking so much bigger,” Cramer said on “Squawk on the Street.” ”He’s a big thinker.
Treasury Secretary Steven Mnuchin arrives to the Capitol for a meeting with Senate Majority Leader Mitch McConnell, R-Ky., about the COVID-19 relief plan, on Thursday, July 23, 2020. Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images Unemployed workers may see about $200 or $300 a week in extra jobless benefits when the current $600-a-week
“Fishing for forgiveness…” getty Those who are familiar with the rules governing the Paycheck Protection Program know how much of a challenge it has been to understand and advise clients who do not fit into the mold to allow for efficient and effective spending of loan monies to achieve forgiveness. Commercial anglers, and recreational fishing
TOPLINE The stock market moved lower on Thursday after jobless claims came in worse-than-expected, rising for the first time in nearly four months amid the recent surge in coronavirus cases across the country. Jobless claims rose for the first time since March, indicating a slowdown in the labor market’s … [+] recovery. Spencer Platt/Getty Images
Which are the best markets for real estate investment? The cute answer is that you can make a good investment in any market; for each of the 200 markets we follow on a regular basis, there’s an investment strategy that best suits the local economic circumstances. But aside from that broad advice, if you have
Southwest airline planes sit on the tarmac at Fort Lauderdale–Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Southwest Airlines on Thursday posted a $915 million net loss for the second quarter and warned travel demand will likely remain depressed until there’s a vaccine or treatment for the coronavirus.
Twitter CEO Jack Dorsey is seated prior to testifying before a Senate Intelligence Committee hearing on foreign influence operations on social media platforms on Capitol Hill in Washington, September 5, 2018. Joshua Roberts | Reuters Twitter reported second-quarter earnings Thursday that missed analyst expectations on revenue and beat on active users. The report comes one
Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020. Jeenah Moon | Bloomberg via Getty Images Check out the companies making headlines after the bell: Microsoft — Shares of Microsoft dropped 2% in after hours after the company’s fourth-quarter earnings beat estimates. The technology company reported earnings
For many people living in poverty around the world, working from home amid the Covid-19 pandemic is not an option, even when showing up to work means potentially getting sick. But there is a solution to that problem, according a paper released Thursday by the United Nations Development Programme (UNDP): Give the poor cash so they
Shelly Chapman | Moment | Getty Images Things have been tough for many Americans during the coronavirus pandemic, and it’s about to get worse, personal finance expert Suze Orman warns. The virus is continuing to spread across the country, with nearly 3.8 million cases and more than 140,000 deaths now being reported. At the same
WASHINGTON, DC – JULY 20: U.S. President Donald Trump listens to Senate Majority Leader Mitch … [+] McConnell (R-KY) (C) during a meeting with cabinet members and House Minority Leader Kevin McCarthy (R-CA) (L) in the Oval Office at the White House July 20, 2020 in Washington, DC. Trump and the congressional leaders talked about
WASHINGTON, DC – JULY 13: U.S. President Donald Trump listens during an event about citizens … [+] positively impacted by law enforcement, in the East Room of the White House on July 13, 2020 in Washington, DC. The president highlighted life-saving actions by law enforcement officers and cited these examples as a potential negative effect
This Compayne Gardens home in South Hampstead was rented by Mark Carney while he was the Bank of … [+] England’s governor Aston Chase The London home Mark Carney rented while serving as the Bank of England’s governor has hit the market for $6.9 million. Carney and his family moved into the 8-bedroom South Hampstead
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